The Harrod-Domar model is an early economic growth model that links the rate of economic growth to the level of savings and the capital-output ratio. It is rooted in Keynesian economics, emphasizing the role of investment and aggregate demand in driving economic expansion.
The Harrod-Domar model signifies which of the following?
Asked in Agriculture Development Officer 2021 · Topic: Planning (Planning Models and Strategies (e.g., Nehru-Mahalanobis Model))
More Economic Development questions
- Economic saving of time results by crashing A) Cheapest critical activity B) Cheapest noncritical activity C) Costliest critical activity D) Costliest noncritical activity
- The estimated time required to perform an activity, is known as A) Event B) Dummy C) Duration D) Float
- The first Five-Year Plan in India (1951-56) was based on which of the following models?
- Match list-I with list-II and select the correct answer using the code given below : List-I Five Year Plan A. First B. Second C. Third D. Fourth List-II Applied Growth Model 1. S. Chakravarty Model 2. Harrod-Domar Model 3. Ashok Rudra Model 4. Mahalanobis Model Code : A B C D (a) 1 3 2 4 (b) 2 4 1 3 (c) 3 1 2 4 (d) 2 1 4 3
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- Which of the following was the earliest regional planning exercise in India ?
- In which Five-Year plan, balanced regional development was emphasized as one of the major objectives of the planning excercise?
- Which state of India pioneered the idea of a state level techno-economic survey carried out in 1957-1958, with the technical help of Stanford Research Institute of California (U.S.A.) ?